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Insurance
Gross written premiums for property and casualty insurance holding company United Insurance Holdings have increased by $21.3 million, or 7.2 percent, to $317.2 million, for Q3 2019, from $295.9 million for Q3 2018. The company said this primarily reflected organic growth in new and renewal business generated in all regions. 4 November 2019
Insurance
Insured losses stemming from Typhoon Hagibis in Japan will be between $7 billion and $11 billion, according to catastrophe risk modelling company RMS. 4 November 2019
Insurance
Markel UK, the division of Markel International that provides insurance, tax and legal services for SMEs, has acquired Caunce O’Hara & Company Ltd, following regulatory approval from the FCA. 4 November 2019
Insurance
Reinsurance Group of America, a global provider of life reinsurance, has reported third quarter net income of $262.8 million down from $301.2 million reported for the prior-year quarter. 4 November 2019
Insurance
Specialist insurer Hiscox’s latest trading statement for the first nine months of 2019 shows that gross written premiums grew by 7.3 percent in constant currency to $3,212.6 million (2018: $3,044.6 million), with growth in every segment. 4 November 2019
Insurance
Berkshire Hathaway’s reinsurance division rebounded into profit in the third quarter, as premiums grew amid stronger demand. 4 November 2019
Insurance
The 16th Singapore International Reinsurance Conference (SIRC) concluded on Friday at the Sands Expo and Convention Centre. This year, the conference attracted a record number of over 1,100 delegates representing over 400 companies and 53 countries from the insurance, reinsurance and broking community. 4 November 2019
Insurance
Specialist insurer Beazley has appointed Matthew Westhoff as head of US large commercial property based in New York. 29 October 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has started underwriting casualty and construction insurance in France and filled two key in-country leadership posts, naming Olivier Antiphon as head of construction and Anne-Sophie Bonifay as head of casualty. 28 October 2019
Insurance
The re/insurance industry is watching developments in Capitol Hill this week, as US legislators revisit the Terrorism Risk Insurance Act (TRIA). 28 October 2019
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